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Aug core PCE price index +0.1% (unrounded...>

US DATA: Aug core PCE price index +0.1% (unrounded +0.101%) vs +0.2% 
expected, while the y/y rate to slipped to +1.3% from +1.4% in July, low 
since Nov 2015. Total PCE price index +0.2% (unrounded +0.206%), with 
y/y rate steady at +1.4%. Pers income as expected +0.2% in Aug, while 
nominal PCE as expected +0.1%, real PCE -0.1%, so 3Q real PCE +1.4% SAAR 
vs +3.3% in 2Q, a drag on 3Q GDP. Wages and salaries flat on softer 
payrolls and hourly earnings and the shorter workweek, while other 
income components were generally higher. BEA said they cannot seperate 
out the effects of Hurricane Harvey, but did make "adjustments to 
estimates where source data were not yet available or did not fully 
reflect the effects of the storm." Overall, the data was in line with 
expectations, but the softer core PCE price reading will give inflation 
hawks some pause. See MNI main wire. 

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